A road damaged by a powerful storm and heavy rainfall in Shahhat city, Libya. Reuters
A road damaged by a powerful storm and heavy rainfall in Shahhat city, Libya. Reuters
A road damaged by a powerful storm and heavy rainfall in Shahhat city, Libya. Reuters
A road damaged by a powerful storm and heavy rainfall in Shahhat city, Libya. Reuters

UAE to send aid and rescue teams to Libya amid deadly floods


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The UAE will send urgent aid as well as search and rescue teams to Libya amid deadly floods that may have killed up to 2,000 people in the east of the country, President Sheikh Mohamed has confirmed.

The assistance will support Libya's efforts to mitigate the damage caused by flooding from Storm Daniel, according to a readout from Wam news agency.

“His Highness expressed his sincere condolences and sympathy to the State of Libya, its people and the families of the victims of this tragedy, wishing a speedy recovery for all the injured,” it said.

As many as 2,000 people are feared dead after Storm Daniel caused devastating floods that swept away entire neighbourhoods and wrecked homes in a number of coastal towns, Prime Minister Ossama Hamad, head of Libya's Tripoli-based government, said on Monday.

At least 150 people have been confirmed dead, according to the Libyan Red Crescent, which expects the death toll to rise to 250.

The reason for wildly differing estimates is unknown.

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, sent condolences to Libya on Monday.

“May God protect Libya and its people from all harm … and maintain their security and safety,” he wrote on social media platform X, formerly known as Twitter.

“The UAE will remain beside its brothers at all times.”

Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, also sent his condolences.

“Our sincere condolences to our people in Libya for the victims of the hurricane and catastrophic floods, and we ask God for a speedy recovery for those injured,” he wrote on social media platform X, formerly known as Twitter.

“May God protect Libya and its people from all harm.”

The floods deal a heavy blow to a country already mired by long-term conflict which has seen it divided under two ruling powers.

“I was able to flee with my family this morning,” Saleh Al Obaidi, a resident of the eastern city of Derna, told Reuters. He added that houses near a valley in the city had collapsed.

“People were asleep and woke up and found their homes surrounded by water.”

Entire residential blocks were erased along Wadi Derna, a river that runs down from the mountains through the city centre, AP reported.

Multi-storey apartment buildings partially collapsed into the mud, while local media reported power cuts across the city.

Essam Abu Zeriba, the interior minister of the east Libya government, said more than 5,000 people were thought to be missing in Derna. He said many of the victims were swept away towards the Mediterranean.

Destruction was also reported in Benghazi, Sousse and Al Bayda, where deaths have also been recorded.

A spokesman from the Libyan Presidential Council announced a three-day mourning period on Monday afternoon.

The UAE Foreign Ministry has also sent its condolences to Libya, while Qatar and Tunisia will also provide aid to flood-ravaged areas.

Storm Daniel wreaked havoc in Greece, where experts described the storm as a “once-in-a-millennium phenomenon”.

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Company%20profile%20
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Sri Lanka-India Test series schedule

1st Test July 26-30 in Galle

2nd Test August 3-7 in Colombo

3rd Test August 12-16 in Pallekele

What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

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%3Cp%3ECreated%20by%3A%20Darren%20Star%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Lily%20Collins%2C%20Philippine%20Leroy-Beaulieu%2C%20Ashley%20Park%3C%2Fp%3E%0A%3Cp%3ERating%3A%202.75%2F5%3C%2Fp%3E%0A
Du Football Champions

The fourth season of du Football Champions was launched at Gitex on Wednesday alongside the Middle East’s first sports-tech scouting platform.“du Talents”, which enables aspiring footballers to upload their profiles and highlights reels and communicate directly with coaches, is designed to extend the reach of the programme, which has already attracted more than 21,500 players in its first three years.

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

The Matrix Resurrections

Director: Lana Wachowski

Stars:  Keanu Reeves, Carrie-Anne Moss, Jessica Henwick 

Rating:****

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RESULT

Manchester United 1 Brighton and Hove Albion 0
Man United: Dunk (66' og)

Man of the Match: Shane Duffy (Brighton)

The specs

Engine: 2.9-litre, V6 twin-turbo

Transmission: seven-speed PDK dual clutch automatic

Power: 375bhp

Torque: 520Nm

Price: Dh332,800

On sale: now

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

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%3Cp%3EDeveloper%3A%20Aspyr%0D%3Cbr%3EPublisher%3A%20Aspyr%0D%3Cbr%3EConsole%3A%20Nintendo%20Switch%2C%20PlayStation%204%26amp%3B5%2C%20PC%20and%20Xbox%20series%20X%2FS%0D%3Cbr%3ERating%3A%203%2F5%3C%2Fp%3E%0A
Normcore explained

Something of a fashion anomaly, normcore is essentially a celebration of the unremarkable. The term was first popularised by an article in New York magazine in 2014 and has been dubbed “ugly”, “bland’ and "anti-style" by fashion writers. It’s hallmarks are comfort, a lack of pretentiousness and neutrality – it is a trend for those who would rather not stand out from the crowd. For the most part, the style is unisex, favouring loose silhouettes, thrift-shop threads, baseball caps and boyish trainers. It is important to note that normcore is not synonymous with cheapness or low quality; there are high-fashion brands, including Parisian label Vetements, that specialise in this style. Embraced by fashion-forward street-style stars around the globe, it’s uptake in the UAE has been relatively slow.

NO OTHER LAND

Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

Updated: September 12, 2023, 11:23 AM